Market Intelligence · MN / Minneapolis

Minneapolis, MN 55447 Housing Market

The typical home value in Minneapolis, MN 55447 is $496,762, up 1.9% over the past year. Sellers are listing at a median of $449,900, and homes are spending a median of 37 days on the market. There are 63 homes for sale.

Updated August 2026Median value$497K

The median home value in Minneapolis, MN 55447 is $497K as of August 2026, up 1.9% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 55447 range

$457K to $537K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.9% over 12 months

Typical home value in 55447 over the last 12 months: $487K in Aug 2025 to $497K in Aug 2026 (+1.9%).

Aug 2025$487K

Aug 2026$497K

The numbers

What is the 55447 housing market like?

Typical home value

$497K

Up1.9%YoY

Median list price

$450K

Down5.5%MoM

Days on market

37

Up12.1%MoM

Homes for sale

63

Down1.6%MoM

Price cuts

22.4%

Down13.0%MoM

New listings

36

Up20.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 55447 home prices compare?

  • 55447$496,762
  • Minneapolis$344,241
  • Minnesota$300,428
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Minneapolis: 48 ZIPs; Minnesota: 716 ZIPs; United States: 26,265 ZIPs).

Context

Inventory in 55447 is limited but active, with 63 homes for sale and 36 new listings. The median list price is $449,900, while the typical home value is $496,762, up 1.9% over the past year. A median of 37 days on market points to a measured pace, and 22.4% of listings have taken a price cut. For a seller, the message is steady demand with little room for careless pricing.

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